Additional Smartphones get moneto NFC wallet treatment

This week, Texas-based company moneto announced the first line of compatible Android smartphone devices with the moneto mobile wallet.

The mobile wallet was launched earlier this year during CES and became the world’s first mobile Near Field Communication (NFC) wallet supporting both the iPhone and Android platforms for mobile payments using the In2Pay™ microSD by DeviceFidelity, Inc. With a General Purpose Reloadable prepaid NFC enabled account personalized in the microSD, 1GB of storage for photos, videos and music, and a compact design so universal it can be used with millions of phones on the market today, consumers can now make in-store purchases with their Android and iPhone at hundreds of thousands of NFC enabled merchants nationwide. The moneto mobile wallet for Android is $29.95 (US) with $10 preloaded onto the account and is available to order online at http://www.moneto.me.

“Innovative, affordable and robust, moneto is the ultimate mobile wallet experience,” said Youri Bebic, DeviceFidelity’s General Manager for moneto programs. “This line of Android phones is only the first of many to come. With more models slated for release in the next coming months, the moneto brand will continue to expand and incorporate value added features to achieve a rich mobile wallet that streamlines and enhances the purchase process.”

This multi-platform mobile wallet is now available for use with Android on the Samsung Galaxy S i9000 (international GSM unlocked version), Samsung Vibrant, Samsung Fascinate, Samsung Mesmerize, Samsung Showcase, Samsung Galaxy S 4G and the Samsung Epic 4G devices. The moneto line up of phones now include at least two popular smartphones across all 4 major wireless carriers in the USA (iPhone 3GS, iPhone 4 and iPhone 4S at AT&T; iPhone 4, iPhone 4S and Samsung Fascinate at Verizon; iPhone 4, iPhone 4S and Epic 4G at Sprint; and Samsung Vibrant and Galaxy S 4G at T-Mobile.

The moneto mobile wallet kit for Android requires a simple user installation that enables these smartphones for mobile payments. Unlike other programs where consumers carry specialized devices or devices deformed by applying external contactless payment stickers, moneto users can use their phones discreetly and safely. The moneto wallet PIN is stored safely on the secure chip inside the microSD making it safe and secure for consumers. moneto is safe from unauthorized use if the handset is left with screen unlocked as moneto users are required to consciously launch the moneto application and enter their PIN before payment can be activated. If moneto users want to upgrade their phone to another supported model, they can simply remove the microSD and take it with them to their new device, eliminating the risk of their balance or private data left behind on the old phone. Account credentials are encrypted within the microSD for ultimate security. With credentials securely stored on the microSD, users can make mobile payments regardless of cell reception, offering unparalleled purchase transaction reliability.

Every mobile wallet kit comes with a moneto microSD, a patented NFC antenna sticker applicator, a prepaid magnetic stripe plastic card allowing users to access ATM’s nationwide, and $10 preloaded onto the account. The moneto app can be downloaded from the Android Market and comes complete with a reload feature to add funds to moneto, a locator that lists merchants that accept NFC payments by zip code or current location, and will soon include card to card transfers as well as integrated cash back offers.

The moneto mobile wallet is available for order online at http://www.moneto.me today. The moneto mobile wallet is available on two platforms, a microSD and iCaisse combination for iPhone with a retail price of $79.95 (US) including $10 preloaded, and for Android models* a microSD with 1GB storage combined with a booster sticker for $29.95 (US) including $10 preloaded.

Tags: , , , , , , ,

Categories: Contactless Payments, Mobile Payments, Near Field Communications

Author:Steve Atkins

Steve Atkins is the main contributor and Editor in Chief of Contactless Intelligence – covering contactless, NFC, mobile and cloud-based technologies. Even with almost twenty five years of experience in the high tech industry, he is still fascinated with all kinds of technology and the impact it has upon end users. He is currently based in Berlin, Germany.

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